Page 2874 - Economy & Policy News

India moves up one notch to 126 in per capita GDP terms, says IMF data

Qatar ranked highest; US, UK fail to make it to the top 10 league

Moody's milder on India than S&P, Fitch

Moody's upgrades India's sovereign bond rating for first time in 14 years

GST rules changed on refund claims

CGST can be disbursed only by a central tax authority and State GST only by a state one

Gold smugglers now prefer Europe over Gulf countries: Customs

Recent cases of gold seizure show that smugglers are opting for the European route and newer modus operandi

CAIT asks govt to include 20-carat gold in hallmark standards

Move expected to help jewellers in extending reasonable price offers to their customers

Domestic stainless steel output to rise 9% to 3.6 mn tonnes by year-end

Industry expected to produce close to 4 million tonnes of stainless steel in 2018

What is mechanism for amending registration certificate under GST law?

If there is change in any of the particulars furnished in the application for registration, a person is required to file an application within 15 days

Odisha gets Rs 3,548 cr for development projects in mineral-rich areas

Allocated sum to be provided from the District Mineral Foundation (DMF) Trust Fund

IRP nod must for recovering money from defaulter's bank account: NCLAT

Issue was raised in a hearing related to Indian Overseas Bank's plea against Amtek Auto

Retail inflation expected to cross 4% mark in Nov: Experts

Rise attributed to surge in vegetable, oil prices

Dec roll out of fertiliser DBT in Punjab, Haryana, Chhatisgarh, MP, Andhra

For the remaining 12 states such as Karnataka, Uttar Pradesh, Gujarat and West Bengal, the DBT scheme will be rolled out in January 2018

Govt may grant infrastructure status to logistics sector soon

Logistics costs of exports are very high in India and due to this, Indian goods are less competitive in global markets

Banks allowed to hire machines, staffers for Aadhaar enrolment

Move expected to speed up the opening of Aadhaar enrolment and updation centres at bank premises

Govt seeks Rs 13,000-cr surplus from RBI

In August, the RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017. It was less than half the Rs 65,876 crore it had paid in 2015-16

20 HC judges, experts brainstorm on areas of conflict, litigation under GST

Deliberations took place at a recent national judicial conference for high court judges on GST regime organised by the Bhopal-based National Judicial Academy

Demonetisation impact: 'Card transactions soar 84% in Sept to Rs 74,090 cr'

The transaction volume at all POSes clipped higher by 86% to 378 mn in September this year over the same period last year when it stood at 203 mn, European payment solutions provider Worldline said

Traders can edit Aug, Sept GSTR-3B returns from Nov 20

Sushil Modi-led GoM meet Infy boss Nandan Nilekani to discuss GSTN glitches

India Inc may add steam to save railway heritage assets

Currently, the railways spend about Rs 250-300 cr annually to maintain and manage its heritage assets

Centre doubles import duty on crude edible oil

Prices may rise Rs 5-6 per kg, traders see no big drop in imports

Nalco eyes African countries for strategic mineral assets

Company to form JV with MECL, HCL for overseas mineral hunt